11. Commerce and Industry Minister Piyush Goyal presented FTP 2023, which is implemented starting from April 1, 2023, and emphasizes a shift from incentive-based approaches to remission and entitlement-based measures. What is the full form of FTP?
1. Financial Targeted Priority
2. Foreign Tourism Policy
3. Finance To Progress
4. First Transaction Payment
5. Foreign Trade Policy
Option “5” is correct. The government introduced the Foreign Trade Policy (FTP) 2023, which aims to increase the country’s exports to USD 2 trillion by 2030. The new policy is different from the previous 5-year FTP announcements as it has no specific end date and will be revised as needed, according to the Director General of Foreign Trade (DGFT), Santosh Sarangi.
12. According to data released by the Ministry of Finance, the Goods and Services Tax (GST) revenue collection for March 2023 has increased by 13% to __________lakh crore.
Option “2” is correct. The Goods and Services Tax (GST) revenue collection for March 2023 has increased by 13% to Rs 1.60 lakh crore, according to data released by the Ministry of Finance. This marks the third consecutive month of increase in GST collections and is a positive sign for India’s economy, which has been grappling with the impact of the COVID-19 pandemic.
13. Indian Prime Minister Narendra Modi has been invited to the Bastille Day parade, which is scheduled for July 14th. Which nation organizes the Bastille Day parade every year?
1. Japan
2. France
3. South Africa
4. England
5. Mexico
Option “2” is correct. Indian Prime Minister Narendra Modi has been invited to France for the Bastille Day parade, which is scheduled for July 14th. The Bastille Day parade is a significant event in French history, commemorating the storming of the Bastille prison on July 14th, 1789, which was a turning point in the French Revolution.
14. The world observes the International Day of Mine Awareness and Assistance in Mine Action to create awareness about the dangers of explosive mines and generate support for efforts aimed at eliminating them on which of date?
1. 2 April
2. 5 April
3. 3 April
4. 4 April
5. 1 April
Option “4” is correct. Every year on April 4, the world observes the International Day of Mine Awareness and Assistance in Mine Action, to create awareness about the dangers of explosive mines and generate support for efforts aimed at eliminating them. The United Nations Mine Action Service (UNMAS) has selected the theme “Mine Action Cannot Wait” for this year’s campaign, which seeks to draw attention to the long-standing issues caused by explosive mines in countries like Cambodia, Laos, and Vietnam.
15. Conscience is the ability of a person to distinguish between what’s right and what’s wrong. International Conscience Day is celebrated on which of the day to promote peace?
1. April 3
2. April 4
3. April 6
4. April 2
5. April 5
Option “5” is correct. International Conscience Day is celebrated on April 5 to promote peace. The ability guides the person to be compassionate, and thoughtful of one’s actions. Conscience allows people to have a moral backbone and to protect those who are weak.
16. Who has been named the richest sports owner in the Forbes Billionaire 2023 list, with a net worth of $83.4 billion?
1. Steve Ballmer
2. Mukesh Ambani
3. Sir Jim Ratcliffe
4. Rob Walton
5. Elon Musk
Option “2” is correct. Mukesh Ambani has been named the richest sports owner in the Forbes Billionaire 2023 list, with a net worth of $83.4 billion, surpassing Steve Ballmer, the owner of the Los Angeles Clippers, whose net worth is $80.7 billion.
17. Several public sector banks in India have transferred a total of Rs 35,012 crore ($4.7 billion) in unclaimed deposits to the Reserve Bank of India (RBI). Unclaimed deposits are those that have been lying dormant in bank accounts for a period of _________ years or more.
1. 20-year
2. 7 years
3. 30 years
4. 10 years
5. 15 years
Option “4” is correct. Unclaimed deposits are those that have been lying dormant in bank accounts for a period of 10 years or more. The move comes as part of an effort to reduce the number of unclaimed funds held by banks and ensure that the money is put to productive use.
18. According to the latest FIFA rankings, the Indian men’s football team has climbed up five spots. What is its latest rank of India in FIFA rankings?
1. 105th
2. 101st
3. 95th
4. 112th
5. 78th
Option “2” is correct. According to the latest FIFA rankings, the Indian men’s football team has climbed up five spots and is now ranked at 101. The team’s upward movement in the rankings can be attributed to their recent wins against Myanmar and Kyrgyzstan during the Tri-nation tournament, which helped them secure 8.57 rating points.
19. During the “Swachhotsav 2023” organized in New Delhi, how many Indian Cities are targeted to become 3-Star Garbage Free by October 2024”?
1. 1000
2. 100
3. 500
4. 250
5. 50
Option “1” is correct. During the International Zero Waste Day 2023 in New Delhi, Sh. Hardeep S. Puri, The Hon’ble Minister for Housing and Urban Affairs, announced that 1000 cities are targeted to achieve a 3-Star Garbage Free rating by October 2024. The Minister commended the ‘Swachhta Doots‘ from all over the country, praising them for being agents of change and leaders in their communities, as well as for their ability to turn challenges into opportunities for livelihood.
20. The Reserve Bank of India (RBI) was established on April 1, 1935, under the provisions of the Reserve Bank of India Act, of 1934. Where the central office of RBI was set up in 1935?
Option “2” is correct. The Central Office of the RBI, initially set up in Kolkata, was permanently moved to Mumbai in 1937. Sir Osborne Smith the first Governor of the Bank. The RBI works closely with the government of India to formulate and implement monetary and fiscal policies that promote economic growth and stability.
